Terms and Conditions

1.     INTERPRETATION

 

1.1 In these Conditions the following words shall have the following meanings:

“the Buyer” the person(s), firm or company who purchases the Goods from the Company;

“the Company” OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD.

“the Contract” any contract between OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD and the Buyer for the sale and purchase of the Goods, incorporating these Conditions;

“Delivery Point” the place where delivery of the Goods is to take place under condition 4;

“Goods” any goods agreed in the Contract to be supplied to the Buyer by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD (including any part or parts of them).

 

1.2 In these Conditions references to any statute or statutory provision shall, unless the context otherwise requires, be construed as a reference to that statute or provision as from time to time amended, consolidated, modified, extended, re-enacted or replaced.

 

1.3 In these Conditions references to the masculine include the feminine and the neuter and to the singular include the plural and vice versa as the context admits or requires.

 

1.4 In these Conditions headings will not affect the construction of these Conditions.

 

2. APPLICATION OF TERMS

 

2.1 Subject to any variation under condition 2.3 the Contract will be on these Conditions to the exclusion of all other terms and conditions (including any terms or conditions which the Buyer purports to apply under any purchase order, confirmation of order, specification or other document).

 

2.2 No terms or conditions endorsed upon, delivered with or contained in the Buyer’s purchase order, confirmation of order, specification or other document will form part of the Contract simply as a result of such document being referred to in the Contract.

 

2.3 These Conditions apply to all OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s sales and any variation to these Conditions and any representations about the Goods shall have no effect unless expressly agreed in writing by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD. Nothing in this Condition will exclude or limit OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s liability for fraudulent misrepresentation.

 

2.4 Each order for Goods by the Buyer from the Company shall be deemed to be an offer by the Buyer to purchase Goods subject to these Conditions.

 

2.5 No order placed by the Buyer shall be deemed to be accepted by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD until a written acknowledgement of order is issued by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD or (if earlier) OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD delivers the Goods to the Buyer.

 

2.6 The Buyer must ensure that the terms of its order and any applicable specification are complete and accurate.

 

2.7 Any quotation is given on the basis that no contract will come into existence until OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD despatches an acknowledgement of order to the Buyer. Any quotation is valid for a period of 30 days only from its date, provided that OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD has not previously withdrawn it.

 

2.8 The Buyer warrants that any specification or other material that it supplies to OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD and OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD use of such materials will not infringe the copyright or other rights of any third party.

3. DESCRIPTION AND USE

 

3.1 The description of the Goods shall be as set out in OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s quotation.

 

3.2 All drawings, descriptive matter, specifications and advertising issued by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD and any descriptions or illustrations contained in OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s catalogues or brochures are issued or published for the sole purpose of giving an approximate idea of the Goods described in them. They will not form part of this Contract.

 

4. DELIVERY

 

4.1 Unless otherwise agreed in writing by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s, delivery of the Goods shall take place at our Principal’s or our Subcontractor’s place of business.

 

4.2 Any dates specified by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD for delivery of the Goods are intended to be an estimate and time for delivery shall not be made of the essence by notice. If no dates are so specified, delivery will be within a reasonable time.

 

4.3 Subject to the other provisions of these Conditions the Company will not be liable for any direct, indirect or consequential loss (all three of which terms include, without limitation, loss of profits, loss of business, depletion of goodwill and like loss), costs, damages, charges or expenses caused directly or indirectly by any delay in the delivery of the Goods (even if caused by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s negligence), nor will any delay entitle the Buyer to terminate or rescind the Contract unless such delay exceeds 360 days.

 

4.4 If for any reason the Buyer will not accept delivery of any of the Goods when they are ready for delivery, or OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD is unable to deliver the Goods on time because the Buyer has not provided appropriate instructions, documents, licences or authorisations:

 

4.4.1 risk in the Goods will pass to the Buyer (including for loss or damage caused by the OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s negligence);

 

4.4.2 The Goods will be deemed to have been delivered; and

 

4.4.3 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD may store the Goods until delivery whereupon the Buyer will be liable for all related costs and expenses (including, without limitation, storage and insurance).

 

4.5 The Buyer will provide at its expense at the Delivery Point adequate and appropriate equipment and manual labour for loading the Goods.

 

5. NON-DELIVERY

 

5.1 The quantity of any consignment of Goods as recorded by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD upon dispatch shall be conclusive evidence of the quantity received by the Buyer on delivery unless the Buyer can provide conclusive evidence proving the contrary.

 

5.2 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD shall not be liable for any non-delivery of Goods or damage to the Goods in transit (even if caused by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s negligence) unless written notice is given to OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD within 10 days of the date when the Goods would in the ordinary course of events have been received.

 

5.3 Any liability of OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD for non-delivery of the Goods shall be limited to replacing the Goods within a reasonable time or issuing a credit note at the pro rata Contract rate against any invoice raised for such Goods.

 

6. RISK/TITLE

 

6.1 The Goods are at the risk of the Buyer from the time of delivery.

 

6.2 Ownership of the Goods shall not pass to the Buyer until OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD has received in full (in cash or cleared funds) all sums due to it in respect of:

 

6.2.1 The Goods; and

 

6.2.2 All other sums which are or which become due to OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD from the Buyer on any account.

 

6.3 Until ownership of the Goods has passed to the Buyer, the Buyer must:

 

6.3.1 Hold the Goods on a fiduciary basis as OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s bailee;

 

6.3.2 Store the Goods (at no cost to OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD) separately from all other goods of the Buyer or any third party in such a way that they remain readily identifiable as OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s property;

 

6.3.3 Not destroy, deface or obscure any identifying mark or packaging on or relating to the Goods;

 

6.3.4 Maintain the Goods in satisfactory condition and keep them insured on OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s behalf for their full price against all risks to the reasonable satisfaction of OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD. On request the Buyer shall produce the policy of insurance to OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD; and

 

6.3.5 Hold the proceeds of the insurance referred to in condition 6.3.4 On trust for OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD and not mix them with any other money; nor pay the proceeds into an overdrawn bank account.

 

6.4 The Buyer may resell the Goods before ownership has passed to it solely on the following conditions:

 

6.4.1 Any sale shall be effected in the ordinary course of the Buyer’s business at full market value; and

 

6.4.2 Any such sale shall be a sale of OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s property on the Buyer’s own behalf and the Buyer shall deal as principal when making such a sale.

 

6.5 The Buyer’s right to possession of the Goods shall terminate immediately if:

 

6.5.1 The Buyer has a bankruptcy order made against him or makes an arrangement or composition with his creditors, or otherwise takes the benefit of any statutory provision for the time being in force for the relief of insolvent debtors, or (being a body corporate) convenes a meeting of creditors (whether formal or informal), or enters into liquidation (whether voluntary or compulsory) except a solvent voluntary liquidation for the purpose only of reconstruction or amalgamation, or has a receiver and/or manager, administrator, or administrative receiver appointed of its undertaking or any part thereof, or a resolution is passed or a petition presented to any court for the winding up of the Buyer or for the granting of an administration order in respect of the Buyer, or any proceedings are commenced relating to the insolvency or possible insolvency of the Buyer; or

 

6.5.2 The Buyer suffers or allows any execution, whether legal or equitable, to be levied on his/its property or obtained against him/it, or fails to observe/perform any of his/its obligations under the Contract or any other contract between OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD and the Buyer, or is unable to pay its debts; or

 

6.5.3 The Buyer encumbers or in any way charges any of the Goods.

 

6.6 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD shall be entitled to recover payment for the Goods notwithstanding that ownership of any of the Goods has not passed from the Company.

 

6.7 The Buyer grants OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD, its agents and employees an irrevocable licence at any time to enter any premises where the Goods are or may be stored in order to inspect them, or, where the Buyer’s right to possession has terminated, to recover them.

 

7. PRICE

 

7.1 Unless otherwise agreed by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD in writing the price for the Goods shall be the price set out in the Company’s quotation/offer on the date of delivery or deemed delivery.

 

7.2 The price for the Goods shall be exclusive of any value added tax and all costs or charges in relation to packing, packaging, loading, unloading, carriage and insurance all of which amounts the Buyer will pay in addition when it is due to pay for the Goods.

 

8. PAYMENT

 

8.1 Unless agreed otherwise with OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD, payment of the price for the Goods is due upon delivery.

 

8.2 Time for payment shall be of the essence.

 

8.3 No payment shall be deemed to have been received until the Company has received cleared funds.

 

8.4 All payments payable to OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD under the Contract shall become due immediately upon termination of this Contract despite any other provision.

 

8.5 The Buyer shall make all payments due under the Contract without any deduction whether by way of setoff, counterclaim, discount, abatement or otherwise unless the Buyer has a valid court order requiring an amount equal to such deduction to be paid by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD to the Buyer.

 

8.6 If the Buyer fails to pay OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD any sum due pursuant to the Contract the Buyer will be liable to pay interest to the Company on such sum from the due date for payment at the annual rate of 5% above the base lending rate from time to time of Co- Operative Bank plc, accruing on a daily basis until payment is made, whether before or after any judgement. The Company reserves the right to claim interest.

 

9. WARRANTY

9.1 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD warrants that the Goods will be procured with exercise of best effort concerning skill and care and that will reasonably fit for any particular purpose for which the Goods are being bought if the Buyer had made known that purpose to OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD in writing and OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD has confirmed in writing that it is reasonable for the Buyer to rely on the skill and judgement of OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD. In the event of any complaint OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD shall take such steps as it deems necessary to rectify any defect provided that:

 

9.1.1 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD liability shall in no event exceed the amount of EUR 5,000.00 (Five Thousand Euro) or the purchase price of the Goods whichever is less.
9.2 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD shall not be liable for a breach of any of the warranties in condition 9.1 and 9.1.1 unless:

 

9.2.1 The Buyer gives written notice of the defect to OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD, and (if the defect is as a result of damage in transit) to the carrier, within 7 days of the time when the Buyer discovers or ought to have discovered the defect; and

 

9.2.2 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD Limited is given a reasonable opportunity after receiving the notice of examining such Goods and the Buyer (if asked to do so by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD) returns such Goods to a place designated by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD for the examination to take place there.
9.2.3 The Customer is complying with any instructions or recommendations of OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD.

 

9.3 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD shall not be liable for a breach of any of the warranties in condition 9.1 and 9.1.1 if:

 

9.3.1 The Buyer makes any further use of such Goods after giving such notice; or

 

9.3.2 The defect arises because of fair wear and tear or arises because the Buyer failed to follow the OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s oral or written instructions as to the storage, installation, commissioning, use or maintenance of the Goods or (if there are none) good trade practice; or

 

9.3.3 The Buyer alters or repairs such Goods without the written consent of OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD.

 

9.4 Subject to conditions 9.2 and 9.3, if any of the Goods do not conform with any of the warranties in condition 9.1 the Company shall at its option repair or replace such Goods (or the defective part) or refund the price of such Goods provided that:

 

9.4.1 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD liability shall in no event exceed the amount of EUR 5,000.00 (Five Thousand Euro) or the purchase price of the Goods whichever is less.

 

9.4.2 If OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD so requests, the Buyer shall, at OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s expense, return the Goods or the part of such Goods which is defective, at any place designated by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD.

9.5 If OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD complies with condition 9.4 it shall have no further liability for a breach of any of the warranties.

9.6 Any Goods replaced will belong to OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD and any repaired or replacement Goods will be guaranteed on these terms.

10. LIMITATION OF LIABILITY AND INDEMNITY

10.1 Subject to condition 9, the following provisions set out the entire financial liability of OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD (including any liability for the acts or omissions of its employees, agents and sub-contractors) to the Buyer in respect of:

10.1.1 Any breach of these Conditions; and

10.1.2 Any representation, statement or tortious act or omission including negligence arising under or in connection with the Contract.

10.2 All warranties, conditions and other terms implied by statute or common law are, to the fullest extent permitted by law, excluded from the Contract.

10.3 Nothing in these Conditions excludes or limits the liability of OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD for death or personal injury caused by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s negligence or fraudulent  misrepresentation.

 

10.4 Subject to conditions 10.2 and 10.3:

10.4.1 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD’s total liability in contract, tort (including negligence or breach of statutory duty), misrepresentation, restitution or otherwise, arising in connection with the performance or contemplated performance of this Contract shall be limited to the amount of EUR 5,000.00 (Five Thousand Euro) or the purchase price of the Goods whichever is less; and

10.4.2 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD shall not be liable to the Buyer for any indirect or consequential loss or damage (whether for loss of profit, loss of business, depletion of goodwill or otherwise), costs, expenses or other claims for consequential compensation whatsoever (howsoever caused) which arise out of or in connection with the Contract.

10.5 The Buyer undertakes that it will keep OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD fully indemnified against all actions, claims, proceedings, costs and damages (including any damages or compensation paid by OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD on the advice of its legal advisors to compromise or settle any claim) and all legal costs or other expenses arising out of any breach of a Contract or out of any claim by a third party based on any facts which is substantiated would constitute such a breach.

 

11. ASSIGNMENT

11.1 The Buyer shall not be entitled to assign the Contract or any part of it without the prior written consent of OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD.

11.2 OCEAN FORCE TECHNICAL SUPPLY & REPAIRS LTD may assign the Contract or any part of it to any person, firm or company.

 

12. FORCE MAJEURE

The Company reserves the right to defer the date of delivery or payment or to cancel the Contract or reduce the volume of the Goods ordered by the Buyer (without liability to the Buyer) if it is prevented from or delayed in the carrying on of its business due to circumstances beyond the reasonable control of the Company including, without limitation, acts of God, governmental actions, war or national emergency, acts of terrorism, protests, riot, civil commotion, fire, explosion, flood, epidemic, lock-outs, strikes or other labour disputes (whether or not relating to either party’s workforce), or restraints or delays affecting carriers or inability or delay in obtaining supplies of adequate or suitable materials provided that, if the event in question continues for a continuous period in excess of 180 days, the Buyer shall be entitled to give notice in writing to the Company to terminate the Contract.

 

13. GENERAL

13.1 Each right or remedy of the Company under the Contract is without prejudice to any other right or remedy of the Company whether under the Contract or not.

13.2 If any provision of the Contract is found by any court, tribunal or administrative body of competent jurisdiction to be wholly or partly illegal, invalid,

void, voidable, unenforceable or unreasonable it shall, to the extent of such illegality, invalidity, voidness, voidability, unenforceability or unreasonableness be deemed severable and the remaining provisions of the Contract and the remainder of such provision shall continue in full force and effect.

13.3 Failure or delay by the Company in enforcing or partially enforcing any provision of the Contract will not be construed as a waiver of any of its rights under the Contract.

13.4 Any waiver by the Company of any breach of, or any default under, any provision of the Contract by the Seller will not be deemed a waiver of any subsequent breach or default and will in no way affect the other terms of the Contract.

13.5 The parties to this Contract do not intend that any term of this Contract will be enforceable by virtue of the Contracts by any person that is not a party to it.

13.6 The formation, existence, construction, performance, validity and all aspects of the Contract shall be governed by the Laws of Cyprus and the parties submit to the exclusive jurisdiction of the Republic of Cyprus courts.